38 Village Rd APT 515MiddletonMA01949
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 38 Village Rd APT 515, Middleton, MA, 01949 in Middleton is a conservative rental investment at $659,900. Rental yield 6.58%. A 1.22 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $182,318; $6,078/yr in principal paydown supplements. Total projected return: $215,758.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.6% | 5.2% |
| Monthly Cash Flow | $(1,216) | $450 |
City averages based on Middleton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,618 |
| Total Monthly Debt Service | $3,897 |
| DSCR Ratio | 0.93x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01949, Middleton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,936 (100%) |
| Owner Occupied HU | 2,545 (86.7%) |
| Renter Occupied HU | 301 (10.3%) |
| Vacant Housing Units | 90 ( 3.1%) |
| Median Home Value | $849,466 |
| Average Home Value | $919,891 |
Housing Distribution
Address Breakdown
Residential
3,072
Single Family
2,649
Multi-Family
423
Businesses
582
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Condo
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01949, Middleton, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,936 (100%) |
| Owner Occupied HU | 2,545 (86.7%) |
| Renter Occupied HU | 301 (10.3%) |
| Vacant Housing Units | 90 ( 3.1%) |
| Median Home Value | $849,466 |
| Average Home Value | $919,891 |
Housing Distribution
Address Breakdown
Residential
3,072
Single Family
2,649
Multi-Family
423
Businesses
582
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Americo Rossino • Professional Business
Mls Name: MLS PIN
Mls ID: #73477699